Kaman Distribution Sales Up 5.5% in 2013 - Modern Distribution Management

Log In

Kaman Distribution Sales Up 5.5% in 2013

Overall Kaman Corp. sales also grew 5.5 percent.

Kaman Corp. (NYSE: KAMN), Bloomfield, CT, reported sales for 2013 were $1.7 billion, up 5.5 percent over sales in 2012. Profit grew 4 percent to $57.1 million.

For the fourth quarter, sales were $438.3 million, up 10 percent year-over-year. Profit fell 9 percent to $12.9 million.

Sales for Kaman’s distribution segment grew 5.5 percent for the full year to $1.1 billion. Segment operating profit fell 14 percent to $43.3 million. For the fourth quarter, sales grew 7.7 percent to $267.5 million, and operating profit fell 7 percent to $10.4 million.

The increase in sales for the full year for the distribution segment resulted from contributions from acquisitions, which were partly offset by a 1.7 percent decrease in organic sales.

"Despite the challenges encountered at distribution, the segment achieved organic sales growth of 5.2 percent for the fourth quarter, our first quarter of year-over-year organic sales growth in distribution since the second quarter of 2012," said Neal Keating, president and CEO.

Aerospace segment sales for 2013 increased 5.7 percent to $614 million. Segment operating profit grew 15 percent to $102.6 million. For the fourth quarter, sales grew 13 percent to $170.9 million, and operating profit increased 12 percent to $25.3 million.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.